re: 30-year fixed-rate mortgages reach 7.15%

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Biden has now killed the real estate market as well. Equity is being wiped out so you not only lose real money from your 401K but now you also lose net worth from depreciating prices.

The attack on individual homeownership will only get worse. Everything this administration does is on purpose and it's part of their plan.

Remember how Obama tried to kill values by making every new development set aside a portion for low-income housing?

I am 100% Democrats do not want you to use your home as a wealth-building tool so you will be less independent.

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This was ridiculous when you posted the same thing on the OT also.

Literally only a year ago, the hand-wringing was about ZIRP and how it was crazily driving up RE values. There were many threads on these boards about how values were nuts and people were stupid to buy - especially with things like lumber being at all time highs (something you yourself bitched plenty about) on top of the cheap rates.

Now that rates have become way more normalized (and lumber is back to pre-pandemic levels) you are decrying that as well?

This is dishonest drivel that I'd like to say is beneath you, but I'm not so sure.

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Biden has now killed the real estate market as well.

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50% of Americans are too stupid to care, and will just blame Republicans anyway.